Deferred Fees. Upon the consummation of a Business Combination, the Company shall, in accordance with Section 1.1.3, pay the Deferred Fees to Mxxxxx Xxxxxx & Co. These payments shall be made by wire transfer to an account designated by the Representative on the closing date of the Business Combination. The Company further agrees to reimburse the Representative for all reasonable out-of-pocket expenses, including, but not limited to, “road-show” and due diligence expenses in the event the Representative assists the Company in trying to obtain stockholder approval of a proposed Business Combination.
Deferred Fees. Pursuant to Section 3(c) of the Advisory Agreement, the Adviser has retained the right to elect to waive or defer all or a portion of the fees that would otherwise be paid to it. The Adviser shall not make any such elections with respect to the Sub-Adviser’s portion of such fees, without the prior written consent of the Sub-Adviser. The Adviser hereby undertakes to discuss any such election with the Sub-Adviser in advance and provide no less than five business days’ notice to the Sub-Adviser before the Adviser seeks to notify the Company of any such election. All or any part of the Adviser’s deferred fees not paid over to the Adviser with respect to any month, quarter or year shall be deferred without interest and may be paid over any specified later date, as the Adviser may determine, pursuant to written notice thereof to the Company at least 30 days but no more than 60 days prior to such specified date, and upon prior written consent of the Sub-Adviser. Upon receipt of such consent, the Adviser shall make the election on behalf of the Sub-Adviser and shall take any other actions reasonably necessary to cause the Company to pay such deferred fees directly to the Sub-Adviser on such specified date.
Deferred Fees. Subject to the occurrence of the Amendment No. 2 Effective Date, the Borrower agrees to pay to the Administrative Agent, for the account of each Term Loan Lender, deferred fees in the following amounts: (i) .25% of the principal amount of such Term Loan Lender's Term Loans outstanding on February 1, 2000, (ii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on August 1, 2000 and (iii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on January 30, 2001.
Deferred Fees. Notwithstanding any other provision of this Section 2, if Tri-Point fails to complete the Conditions for the Project by the Consolidation Deadline, any fees and use taxes that would have been due with respect to the Project in the absence of the foregoing waiver or credit shall be deemed to have been deferred and shall be paid to the City by Tri-Point on or before the issuance of a permanent certificate of occupancy or letter of completion for the Project. If not timely paid, the City may use any or all collection remedies available to it under the Loveland Municipal Code and shall be entitled to withhold the permanent certificate of occupancy or letter of completion for the Project until such amounts are paid in full.
Deferred Fees. Upon the consummation of a Business Combination, the Company shall, in accordance with Section 1.1.3, pay the Deferred Fees to the Representatives. These payments shall be made by wire transfer to an account designated by the Representatives on the closing date of the Business Combination. The Company further agrees to reimburse the Representatives for all reasonable out-of-pocket expenses, including, but not limited to, “road-show” and due diligence expenses in the event the Representatives assist the Company in trying to obtain shareholder approval of a proposed Business Combination.
Deferred Fees. INSYS shall deliver to APL payment of the DEFERRED FEES within ninety (90) days following each calendar quarter end at the address set forth above or via wire transfer to an account stipulated in writing by APL. INSYS shall pay APL interest at the rate of fifteen percent (15%) per annum on all DEFERRED FEES not paid when due. In the event DEFERRED FEES are collected through bankruptcy or through judicial proceedings by an attorney or placed in the hands of an attorney or agency for collection, INSYS agrees to pay the other party’s reasonable attorney’s fees and other costs of collection.
Deferred Fees. The Deferred Fees shall be fully earned on the Restatement Effective Date, shall be an Obligation, and shall accrue interest as provided in Section 2.13 until the date set forth in the next sentence. The Borrower shall pay to the Administrative Agent for the account of the Persons entitled thereto (a) the Revolving Deferred Fees (including all accrued interest thereon) in cash on the Revolving Maturity Date (or any such earlier date as the Revolving Commitments terminate), and (b) the Term Loan Deferred Fee (including all accrued interest thereon) in cash on the Term Maturity Date (or any such earlier date as the Term Loans are repaid in full); provided that all Deferred Fees (including all accrued interest thereon) shall be due and payable in cash at the time that any prepayment of Term Loans is required pursuant to Section 2.11(d) in respect of any fiscal year in which Excess Cash Flow exceeds $27,500,000.
Deferred Fees. Purchaser shall cause the relevant Affiliate of Purchaser to pay Seller an amount equal to 0.25% of the original cost of the equipment newly leased by an Affiliate of Purchaser (other than in connection with a Restructuring Transaction) during the 12-month period immediately following the Closing (i) pursuant to any master lease or master rental agreement (including any master agreement and product supplement agreement) constituting Purchased Assets hereunder or (ii) pursuant to any master lease or master rental agreement (including any master agreement and product supplement agreement) entered into by an Affiliate of Purchaser (under the "Comdisco" name) after the date of this Agreement with any Obligor existing as of the date hereof. Such amounts shall be paid, without duplication, to Seller in cash by wire transfer of immediately available funds no later than 30 days following the end of each fiscal quarter comprising such 12-month period.
Deferred Fees. Pursuant to the terms of the Original Agreement, Century Capital is entitled to receive deferred fees in the amount of Three Hundred Thirty Three Thousand Five Hundred Sixty Three Dollars ($333,563) (the “Deferred Fees”) which shall be paid as follows:
(a) One Hundred and Ten Thousand Dollars ($110,000) of the Deferred Fees shall be paid in common stock on February 1, 2005 at a conversion price of ten cents ($.10) per share. This conversion price shall be subject to adjustment so that it equates to the same purchase price as paid in any PIPE investment obtained by Medi-Hut in the event such PIPE investment is obtained on or before July 31, 2005.
(b) The remaining balance of the Deferred Fees shall continued to be deferred and will become payable when Century Capital requests payment and the financial condition of Medi-Hut will support such payment or the Deferred Fees are otherwise due under this Agreement.
Deferred Fees. Pursuant to Sections 5.1 and 5.2 of the Development Agreement, Xxxxxxx currently owes City approximately $699,079 in Deferred Development Fees and approximately $242,076 in Deferred Permit Fees. City hereby waives the Deferred Permit Fees. Xxxxxxx hereby agrees to pay the Deferred Development Fees with interest at the rate described in Section 5.1 of the Development Agreement, from the Sales Tax Rebate otherwise payable to Xxxxxxx pursuant to Section 3.3 hereof; provided that if the actual or projected revenue from the Sales Tax Rebate Amount is not sufficient to repay in full the Deferred Development Fees during the Tax Rebate Period, then such excess shall be payable in not more than thirty-two (32) equal quarterly installments as additional rent under any GPLET Lease entered into pursuant to Section 3.4 hereof. Xxxxxxx hereby acknowledges and agrees that City shall be entitled to offset the Deferred Development Fees against the Sales Tax Rebate without any further authorization.
